The Stairway Fund

Private foundation · Grantmaker Chicago, IL EIN: 30-0286949

The Stairway Fund is a private foundation based in Chicago, Illinois. Its 2024 grants included general operating support and annual gifts to organizations working in areas such as the arts, education, conservation, neighborhood development, health research, and emergency services.

The Stairway Fund at a glance

In short: The Stairway Fund gave $597K across 69 grants in 2024 (avg $9K), mostly in New York. 29% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.

Annual giving (2024)
$596,800
-8.5% vs 2023
Grants made (2024)
69
+9.5% vs 2023
Average grant
$8,649
-16.4% vs 2023
Median grant
$5,000
Total assets
$3,214,223
+41.8% vs 2023
New grantees (estimate)
29% first-time grantees (18 of 63, 2024)
Primary geography
New York (54% of itemized 2024 grant dollars)
Latest 990 filing
Form 990-PF, 2024 View filing

Data from IRS Form 990-PF, 2024; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).

How to apply to The Stairway Fund

Accepts unsolicited proposals
No
How to Apply

The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds.

Contact

Mailing address: 225 W Wacker Drive 2150, Chicago, IL 60606-1224
Phone: (312) 621-0590

Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Who The Stairway Fund funds

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Washington University: $100KWashington University$100KUnion Square Partnership Inc: $45K across 2 grantsUnion Square Partnership Inc$45K · 2 grantsTheatre for a New Audience (Tfana): $35KTheatre for a New Audience(Tfana)$35KMadison Square Park Conservancy (MSPC): $33K across 2 grantsMadison Square ParkConservancy (MSPC)$33K · 2 grantsSteep Rock Association: $30K across 2 grantsSteep Rock Association$30K · 2 grantsMuseum of Modern Art - New York: $25KMuseum of Modern Art - NewYork$25KStudio Museum in Harlem: $25K across 2 grantsStudio Museum in Harlem$25K · 2 grantsTrinity College: $25KTrinity College$25KGiffords Law Center to Prevent Gun Violence: $20KGiffords Law Center to PreventGun Violence$20KNYU Langone Health: $15KNYU Langone Health$15K

The largest 2024 recipient was Washington University ($100K). Together the top 10 received $353K.

Grant Size Distribution

286 grants across all recorded years

275<$50K7$50–100K4$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 275 grants of 286 (96%).

Geographic Focus

Where this funder awards grants

In 2024, grant dollars went primarily to recipients in New York (54%), Missouri (18%), and Connecticut (16%). Smaller shares went to California (5%) and Washington, DC (3%).

Grant Distribution by State

12states

Share of 2024 grant dollars across all 69 itemized grants.

Cities

New YorkBrooklynWashingtonSaint LouisWashington DtHartfordOaklandBarringtonBronxAlbanyColoradoDanburyHyde ParkSan FranciscoUniversity ParkEast TroyLitchfieldMiltonWarrenHoboken

Is The Stairway Fund open to new grantees?

29%

first-time grantees, 2024

In 2024, 18 of 63 grantees (29%) were first-time recipients. First grants averaged $7K; repeat grants $11K. How we count

Medians: $5K first-time, $5K repeat.

  • 60% of 2024 grantees were also funded in 2023. Method
  • Giving grew 43% from 2021 to 2024. Method
  • In 2024 it paid out 369% of its IRS minimum distribution (the 5% rule). Method

Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$200K$400K$600K$800K46 grants2020 46 grants2021 62 grants2022 63 grants2023 69 grants2024

From 2020 to 2024, annual grant giving ranged from $417K (2021) to $683K (2022). In 2024 it made 69 grants totaling $597K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Washington University St. Louis, MOGeneral Operating Support/Annual Gift$100,000
Theatre for a New Audience (Tfana) New York, NYGeneral Operating Support/Annual Gift$35,000
Museum of Modern Art - New York New York, NYGeneral Operating Support/Annual Gift$25,000
Steep Rock Association Washington, CTGeneral Operating Support/Annual Gift$25,000
Trinity College Hartford, CTGeneral Operating Support/Annual Gift$25,000
Union Square Partnership Inc New York, NYGeneral Operating Support/Annual Gift$25,000
Madison Square Park Conservancy (MSPC) New York, NYGeneral Operating Support/Annual Gift$23,000
Giffords Law Center to Prevent Gun Violence San Francisco, CAGeneral Operating Support/Annual Gift$20,000
Studio Museum in Harlem New York, NYGeneral Operating Support/Annual Gift$20,000
Union Square Partnership Inc New York, NYGeneral Operating Support/Annual Gift$20,000
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2024$3,214,223$1,608,735$551,435$596,80069$599,170$219,112$162,450
2023$2,266,623$146,670$514,619$652,02663$658,634$130,947$118,855
2022$2,845,178$428,024$990,747$682,68162$688,845$155,260$148,300
2021$3,242,950$356,630$416,211$417,28146$422,792$276,272$183,502
2020$3,406,294$117,486$451,565$497,11246——$181,992

Under IRS private-foundation payout rules, The Stairway Fund reported a distributable amount of $162K for 2024 — the minimum it must pay out in qualifying distributions.

Research compiled by Grantable AI from public sources. Last updated September 2026.

Mission & Focus Areas

No mission statement for the funder is provided. Its grants show support for a range of organizations. For example, Steep Rock Association says its mission is to conserve ecologically and historically significant landscapes and riparian corridors and connect its community with nature. Trinity College describes its mission as providing excellence in liberal arts education. Union Square Partnership says it advocates for economic growth in the Union Square–14th Street neighborhood and works with local businesses, residents, and cultural and academic institutions.

Other 2024 recipients include Target ALS Foundation, whose stated mission is to overcome barriers to ALS research and advance effective treatments, and Share Our Strength, which says it works to address hunger and poverty and help communities feed children.

Grantmaking

In 2024, the fund made 69 grants totaling $596,800. Grants ranged from $500 to $100,000, with a median grant of $5,000. The largest award listed was $100,000 to Washington University for general operating support/annual gift. Other notable grants included $35,000 to Theatre for a New Audience, $25,000 each to the Museum of Modern Art, Steep Rock Association, Trinity College, and Union Square Partnership, and $20,000 each to Giffords Law Center to Prevent Gun Violence, the Studio Museum in Harlem, and Union Square Partnership. These listed grants were for general operating support/annual gifts.

Leadership & Key People

Leadership team and compensation from IRS filings

The 2024 filing lists Daniel H. Meyer as president and director; Audrey H. Meyer as secretary and director; Michael McQuinn as vice president; Hallie Louise Meyer as director; and Lauren K. MacDonald as treasurer.

The Stairway Fund is led by Daniel H. Meyer, President & Director on every filing since 2020; none of the 5 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Daniel H. Meyer

    President & Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • Audrey H. Meyer

    Secretary & Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • Hallie Louise Meyer

    Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • Lauren K. Macdonald

    Treasurer

    On filings since 2020

    1 hr/week

    No compensation reported

  • Michael McQuinn

    Vice President

    On filings since 2020

    1 hr/week

    No compensation reported

Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Frequently asked questions about The Stairway Fund

How much does The Stairway Fund give each year?

The Stairway Fund gave $597K across 69 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $652K across 63 grants.

What is The Stairway Fund's typical grant size?

The Stairway Fund's median grant in 2024 was $5,000, and its average grant was $8,649, across 69 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from The Stairway Fund that year got $7K on average.

Where does The Stairway Fund give grants?

The Stairway Fund gives mostly in New York: 54% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest states were Missouri (18%) and Connecticut (16%). The most frequent recipient cities were New York, NY (34 grants), Washington, CT (8 grants), Brooklyn, NY (5 grants) and Saint Louis, MO (3 grants).

Does The Stairway Fund give general operating support?

Yes: 100% of The Stairway Fund's 2024 grants with a stated purpose (69 of 69) were for general or operating support, per its 2024 IRS Form 990-PF.

Who are The Stairway Fund's largest grantees?

The Stairway Fund's largest 2024 grantees include Washington University ($100,000), Union Square Partnership Inc ($45,000 across 2 grants) and Theatre for a New Audience (Tfana) ($35,000), according to its 2024 IRS Form 990-PF. Together they received 30% of its itemized 2024 grant dollars.

How large is The Stairway Fund?

The Stairway Fund reported $3.2M in total assets on its 2024 IRS Form 990-PF. It paid out $599K in qualifying distributions that year, against a required minimum of $162K (roughly 5% of its investment assets).

What does The Stairway Fund fund?

No mission statement for the funder is provided. Its grants show support for a range of organizations. For example, Steep Rock Association says its mission is to conserve ecologically and historically significant landscapes and riparian corridors and connect its community with nature. See mission & focus areas ↑

How do I apply for a grant from The Stairway Fund?

The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑

What is The Stairway Fund's EIN?

The Stairway Fund's EIN (Employer Identification Number) is 30-0286949. IRS Form 990 filing data is available on this page for 2020–2024.

Does The Stairway Fund accept unsolicited proposals?

No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑

Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.

Data update history

(1)

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

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Cite this profile

Grantable. (2026). The Stairway Fund funder profile. GrantGraph. Retrieved October 18, 2026, from https://grantable.co/funders/the-stairway-fund-morg_66a2234c48a449c1b4b61360d87d7e1e

BibTeX
@misc{grantable_300286949_2026,
  author       = {{Grantable}},
  title        = {{The Stairway Fund funder profile}},
  howpublished = {GrantGraph},
  year         = {2026},
  url          = {https://grantable.co/funders/the-stairway-fund-morg_66a2234c48a449c1b4b61360d87d7e1e},
  note         = {Accessed 2026-10-18. Data licensed CC BY 4.0}
}

The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.

Figures come from The Stairway Fund's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

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